Tag: casinos

Over $6 billion worth of bets were placed last year in New Jersey, which won a Supreme Court case in 2018 that cleared the way for the expansion of legalized sports betting.

When and how thoroughly Atlantic City bounces back is likely to depend on how quickly and effectively the coronavirus pandemic is brought under control in 2021.

Gambling executives, analysts and lawmakers agree that the lure of new tax revenue could prove irresistible to cash-strapped state governments facing large COVID-19 deficits.

“People are looking for opportunities to escape what is happening around us. Coming to a casino is entertainment, and people still want to be entertained.”

New Jersey's red-hot sports betting market set the national record for the highest amount wagered on sports for the third month in a row in October.

While 90% of casinos have reopened, they are operating at restricted levels to try to slow the spread of the virus, and additional aid is needed for casinos and their workers.

Only one of the nine casinos — the Golden Nugget — reported an operating profit for the quarter, and that was helped by the market-leading internet gambling operation.

Do the new prohibitions reflect a greater coronavirus danger from smokers? The jury is still out, but there are real safety reasons behind the new rules.

Gov. Phil Murphy threw a last-minute curveball telling casinos they can reopen, but can’t allow drinking or eating inside.

The late-night announcements from Gov. Phil Murphy landed like a one-two punch on Atlantic City's casino industry, already reeling from lost revenue during the pandemic

Regulators, companies and unions are trying to figure out how to get guests back into casinos in a way that doesn’t spread the virus. Will it work?

Presently, a small number of casinos use such payments, which include debit or credit cards, as well as apps like Apple Pay, Google Pay, and PayPal.

Mayor Marty Small held a news conference to announce that Icahn's company has filed demolition plans with the city that call for both towers of the casino to be implode.

Second-quarter earnings are sure to be worse because the casinos have been shut all of April and, so far, May, with no reopening date scheduled.

While casinos and local unions formulate guidelines for reopening, city government fights off a referendum and out-of-work residents line up for food.